$45,000
SOLD MAY 4, 2026

601 8th Ave Sterling, IL 61081

5 Beds
2 Baths
-- Sq Ft
1900 Built

Sale Details

Date Sold: May 4, 2026

36% Below List Price

25 Days on Market

About This Home

As of May 2026

Investment opportunity! Fully occupied duplex near downtown Sterling. Both units feature 2 bedrooms, 1 bath, and basement with laundry hookups. Tenants pay all utilities. 2 garage spaces also available for additional income. Featuring a newer roof, exterior paint, and updated electric. Make it yours today, and start cash flowing immediately.

Last Agent to Sell the Property

JD Gieson

RE/MAX of Rock Valley Brokerage Phone: (815) 677-1873 License #475189224 Listed on: 03/18/2026

RE/MAX of Rock Valley

Last Buyer's Agent

JD Gieson

RE/MAX of Rock Valley Brokerage Phone: (815) 677-1873 License #475189224 Listed on: 03/18/2026

RE/MAX of Rock Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,103

Year Built

  • Built in 1900

Parking

  • 2 Car Detached Garage
  • Parking Available

Home Design

  • Converted Dwelling
  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 75 x 68
  • Heating System Uses Natural Gas

Community Details

  • 2 Units
  • Gross Income $14,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,103

Year Built

Built in 1900

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (815) 677-1873
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Construction Materials: Other
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Lot Info

  • Lot Dimensions: 75 X 68
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 19

Multi Family

  • GrossIncome: 14400
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Converted Residence

Tax Info

  • Tax Annual Amount: 2102.74
  • Tax Year: 2024

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2026
Closed on
Apr 30, 2026
Sold by
Bought by
Seller's Agent
JD Gieson
RE/MAX of Rock Valley
Buyer's Agent
JD Gieson
RE/MAX of Rock Valley
List Price
$69,900
Sold Price
$45,000
Premium/Discount to List
-$24,900
-35.62%
Views
205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
751.29%
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $45,000 None Listed On Document
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/04/2026 05/04/26 Sold $45,000 -24.9% --
04/12/2026 04/12/26 Pending -- -- --
04/01/2026 04/01/26 Price Changed $59,900 -14.3% --
03/18/2026 03/18/26 For Sale $69,900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,176 $21,424 $3,301 $18,123
2024 $2,103 $20,167 $3,107 $17,060
2023 $1,985 $18,931 $2,917 $16,014
2022 $1,935 $18,112 $2,791 $15,321
2021 $1,867 $17,080 $2,632 $14,448
2020 $1,816 $16,482 $2,540 $13,942
2019 $1,804 $16,183 $2,494 $13,689
2018 $1,124 $16,209 $2,498 $13,711
2017 $1,122 $16,098 $2,481 $13,617
2016 $1,072 $15,579 $2,401 $13,178
2015 $1,042 $16,007 $2,467 $13,540
2014 $1,025 $15,651 $2,412 $13,239
2013 $1,042 $16,007 $2,467 $13,540
Source: Public Records

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12595504

Midwest Real Estate Data (MRED)

APN: 1122302010

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